Thursday, March 13, 2014

Caribbean encouraged to take advantage of new IDB funding initiative

Caribbean countries are being urged to take advantage of a multi-million facility to finance regional public goods (RPGs) that are produced collectively by a group of Inter American Development Bank (IDB) borrowing member countries. The IDB said in 2014, the initiative for the promotion of regional public goods in Latin America and the Caribbean (LAC), will provide up to eight million (US) dollars in grants to finance RPGs.

The bank said the initiative is based on the premise that the

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